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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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Arevon Celebrates Commencement of Operations at the 300-MW Nighthawk Energy Storage Project in California

LCG, August 12, 2026--Arevon Energy, Inc., an energy developer, owner, and operator, today announced that its 300 MW/1,200 MWh Nighthawk Energy Storage Project in Poway, California, is now operational. Arevon celebrated the project's completion with an on-site ribbon-cutting ceremony attended by project partners, local officials, and others who helped bring the project online. Nighthawk, the largest standalone storage facility in the company's portfolio, should enhance system reliability and is among the San Diego region's most significant energy storage facilities.

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Industry News

Enron to Sell Stakes in Two Brazil Gas Distributors

LCG, May 1, 2001Brazil's state-run oil company Petrobras said yesterday that it had agreed with U.S. energy conglomerate Enron Corp. to buy Enron's interests in two Rio de Janeiro natural gas distribution companies.

Petrobras said in a news release that it had signed a deal on Sunday to buy Enron's 25.38 percent stake in Cia Distribuidora de Gas do Rio de Janeiro that distributes gas in the city of Rio de Janeiro, and 33.75 percent in CEG-Rio that serves Rio de Janeiro state.

The Brazilian petroleum company said it has agreed to the acquisitions "along with other investors," which could mean its Petros pension fund. Sources in Brazil said the purchases could be evenly split between the two in order to avoid the two gas distributors becoming technically "re-nationalized." They were privatized in 1997.

The government's BNDES development bank has a 34.5 percent interest in the Rio city distributorship and BR Distribuidora already owns 25 percent of CEG-Rio.

Even without the two Rio de Janeiro companies, Enron will have a significant presence in Brazil through its Gaspart subsidiary, which controls natural gas distribution firms in seven Brazilian states.

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